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Wallenius Wilhelmsen

OB:WALWIL
Snowflake Description

Undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WALWIL
OB
NOK11B
Market Cap
  1. Home
  2. NO
  3. Transportation
Company description

Wallenius Wilhelmsen ASA, together with its subsidiaries, provides roll-on roll-off (ro-ro) shipping and vehicle logistics services worldwide. The last earnings update was 49 days ago. More info.


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WALWIL Share Price and Events
7 Day Returns
0.5%
OB:WALWIL
2.4%
NO Shipping
1.7%
NO Market
1 Year Returns
-33.2%
OB:WALWIL
-23.1%
NO Shipping
-6.1%
NO Market
WALWIL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wallenius Wilhelmsen (WALWIL) 0.5% -12.5% -17.8% -33.2% 19.6% -51%
NO Shipping 2.4% -5.4% -8.6% -23.1% 10.2% -40.4%
NO Market 1.7% -0.9% -4.2% -6.1% 36.4% 11.6%
1 Year Return vs Industry and Market
  • WALWIL underperformed the Shipping industry which returned -23.1% over the past year.
  • WALWIL underperformed the Market in Norway which returned -6.1% over the past year.
Price Volatility
WALWIL
Industry
5yr Volatility vs Market

WALWIL Value

 Is Wallenius Wilhelmsen undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Wallenius Wilhelmsen to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wallenius Wilhelmsen.

OB:WALWIL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 5 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 13.7%
Perpetual Growth Rate 10-Year NO Government Bond Rate 1.8%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OB:WALWIL
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year NO Govt Bond Rate 1.8%
Equity Risk Premium S&P Global 6%
Shipping Unlevered Beta Simply Wall St/ S&P Global 0.69
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.689 (1 + (1- 23%) (355.97%))
2.057
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.76% + (2 * 5.96%)
13.68%

Discounted Cash Flow Calculation for OB:WALWIL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wallenius Wilhelmsen is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OB:WALWIL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 13.68%)
2019 578.25 Analyst x4 508.66
2020 728.50 Analyst x4 563.72
2021 806.75 Analyst x4 549.14
2022 868.61 Est @ 7.67% 520.10
2023 919.83 Est @ 5.9% 484.49
2024 962.65 Est @ 4.66% 446.03
2025 999.10 Est @ 3.79% 407.21
2026 1,030.85 Est @ 3.18% 369.59
2027 1,059.23 Est @ 2.75% 334.07
2028 1,085.24 Est @ 2.46% 301.08
Present value of next 10 years cash flows $4,484.11
OB:WALWIL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,085.24 × (1 + 1.76%) ÷ (13.68% – 1.76%)
$9,264.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $9,264.60 ÷ (1 + 13.68%)10
$2,570.31
OB:WALWIL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4,484.11 + $2,570.31
$7,054.42
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $7,054.42 / 422.32
$16.7
OB:WALWIL Discount to Share Price
Calculation Result
Exchange Rate USD/NOK
(Reporting currency to currency of OB:WALWIL)
8.511
Value per Share
(NOK)
= Value per Share in USD x Exchange Rate (USD/NOK)
= $16.7 x 8.511
NOK142.17
Value per share (NOK) From above. NOK142.17
Current discount Discount to share price of NOK25.12
= -1 x (NOK25.12 - NOK142.17) / NOK142.17
82.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Wallenius Wilhelmsen is available for.
Intrinsic value
>50%
Share price is NOK25.12 vs Future cash flow value of NOK142.17
Current Discount Checks
For Wallenius Wilhelmsen to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Wallenius Wilhelmsen's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Wallenius Wilhelmsen's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wallenius Wilhelmsen's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wallenius Wilhelmsen's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OB:WALWIL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.24
OB:WALWIL Share Price ** OB (2019-06-25) in NOK NOK25.12
OB:WALWIL Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.117 $2.95
Norway Shipping Industry PE Ratio Median Figure of 10 Publicly-Listed Shipping Companies 10.88x
Norway Market PE Ratio Median Figure of 135 Publicly-Listed Companies 13.09x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wallenius Wilhelmsen.

OB:WALWIL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OB:WALWIL Share Price ÷ EPS (both in USD)

= 2.95 ÷ 0.24

12.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wallenius Wilhelmsen is overvalued based on earnings compared to the NO Shipping industry average.
  • Wallenius Wilhelmsen is good value based on earnings compared to the Norway market.
Price based on expected Growth
Does Wallenius Wilhelmsen's expected growth come at a high price?
Raw Data
OB:WALWIL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts
34.4%per year
Norway Shipping Industry PEG Ratio Median Figure of 7 Publicly-Listed Shipping Companies 0.67x
Norway Market PEG Ratio Median Figure of 105 Publicly-Listed Companies 0.88x

*Line of best fit is calculated by linear regression .

OB:WALWIL PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.24x ÷ 34.4%

0.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wallenius Wilhelmsen is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Wallenius Wilhelmsen's assets?
Raw Data
OB:WALWIL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $6.32
OB:WALWIL Share Price * OB (2019-06-25) in NOK NOK25.12
OB:WALWIL Share Price converted to USD reporting currency Exchange rate (NOK/ USD) 0.117 $2.95
Norway Shipping Industry PB Ratio Median Figure of 15 Publicly-Listed Shipping Companies 0.6x
Norway Market PB Ratio Median Figure of 216 Publicly-Listed Companies 1.12x
OB:WALWIL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OB:WALWIL Share Price ÷ Book Value per Share (both in USD)

= 2.95 ÷ 6.32

0.47x

* Primary Listing of Wallenius Wilhelmsen.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wallenius Wilhelmsen is good value based on assets compared to the NO Shipping industry average.
X
Value checks
We assess Wallenius Wilhelmsen's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Shipping industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Shipping industry average (and greater than 0)? (1 check)
  5. Wallenius Wilhelmsen has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

WALWIL Future Performance

 How is Wallenius Wilhelmsen expected to perform in the next 1 to 3 years based on estimates from 5 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
34.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wallenius Wilhelmsen expected to grow at an attractive rate?
  • Wallenius Wilhelmsen's earnings growth is expected to exceed the low risk savings rate of 1.8%.
Growth vs Market Checks
  • Wallenius Wilhelmsen's earnings growth is expected to exceed the Norway market average.
  • Wallenius Wilhelmsen's revenue growth is positive but not above the Norway market average.
Annual Growth Rates Comparison
Raw Data
OB:WALWIL Future Growth Rates Data Sources
Data Point Source Value (per year)
OB:WALWIL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 5 Analysts 34.4%
OB:WALWIL Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 5 Analysts 2.9%
Norway Shipping Industry Earnings Growth Rate Market Cap Weighted Average 39.7%
Norway Shipping Industry Revenue Growth Rate Market Cap Weighted Average 5.2%
Norway Market Earnings Growth Rate Market Cap Weighted Average 14%
Norway Market Revenue Growth Rate Market Cap Weighted Average 3.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OB:WALWIL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OB:WALWIL Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 4,403 853 289 5
2020-12-31 4,319 790 229 5
2019-12-31 4,149 715 157 5
OB:WALWIL Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 4,113 314 102
2018-12-31 4,063 272 52
2018-09-30 4,077 286 99
2018-06-30 4,004 284 120
2018-03-31 3,934 542 78
2017-12-31 3,025 462 134
2017-09-30 2,057 346 31
2017-06-30 1,156 249 5
2017-03-31 247 194 422
2016-12-31 257 211 500
2016-09-30 272 227 603
2016-06-30 291 236 366

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wallenius Wilhelmsen's earnings are expected to grow significantly at over 20% yearly.
  • Wallenius Wilhelmsen's revenue is expected to grow by 2.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OB:WALWIL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below

All data from Wallenius Wilhelmsen Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:WALWIL Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.68 0.78 0.56 5.00
2020-12-31 0.54 0.74 0.37 5.00
2019-12-31 0.36 0.41 0.29 5.00
OB:WALWIL Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.24
2018-12-31 0.12
2018-09-30 0.23
2018-06-30 0.28
2018-03-31 0.16
2017-12-31 0.32
2017-09-30 0.08
2017-06-30 0.02
2017-03-31 1.92
2016-12-31 2.27
2016-09-30 2.74
2016-06-30 1.66

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Wallenius Wilhelmsen is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Wallenius Wilhelmsen's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Norway market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Norway market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wallenius Wilhelmsen has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

WALWIL Past Performance

  How has Wallenius Wilhelmsen performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wallenius Wilhelmsen's growth in the last year to its industry (Shipping).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wallenius Wilhelmsen's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Wallenius Wilhelmsen's 1-year earnings growth exceeds its 5-year average (30.8% vs -10.4%)
  • Wallenius Wilhelmsen's earnings growth has exceeded the NO Shipping industry average in the past year (30.8% vs 28%).
Earnings and Revenue History
Wallenius Wilhelmsen's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wallenius Wilhelmsen Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OB:WALWIL Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 4,113.00 102.00
2018-12-31 4,063.00 52.00
2018-09-30 4,077.00 99.00
2018-06-30 4,004.00 120.00
2018-03-31 3,934.00 78.00
2017-12-31 3,025.00 134.00
2017-09-30 2,057.00 31.00
2017-06-30 1,156.00 5.00
2017-03-31 247.00 422.00
2016-12-31 257.00 500.00
2016-09-30 272.00 603.00 1.00
2016-06-30 291.00 366.00 1.00
2016-03-31 305.00 44.00 1.00
2015-12-31 312.00 -4.00 1.00
2015-09-30 306.00 -31.00 1.00
2015-06-30 301.00 236.00 1.00
2015-03-31 289.00 191.00 1.00
2014-12-31 285.00 166.00 1.00
2014-09-30 293.00 178.00 1.00
2014-06-30 299.00 182.00 1.00
2014-03-31 318.00 249.00 1.00
2013-12-31 325.00 272.00 1.00
2013-09-30 330.00 243.00 1.00
2013-06-30 353.00 398.00 1.00
2013-03-31 374.00 376.00 1.00
2012-12-31 395.00 410.00 1.00
2012-09-30 396.00 440.00 1.00
2012-06-30 380.00 255.00 1.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Wallenius Wilhelmsen has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Wallenius Wilhelmsen used its assets less efficiently than the NO Shipping industry average last year based on Return on Assets.
  • Wallenius Wilhelmsen has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Wallenius Wilhelmsen's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Shipping industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wallenius Wilhelmsen has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

WALWIL Health

 How is Wallenius Wilhelmsen's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wallenius Wilhelmsen's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wallenius Wilhelmsen is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wallenius Wilhelmsen's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Wallenius Wilhelmsen's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wallenius Wilhelmsen Company Filings, last reported 2 months ago.

OB:WALWIL Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 2,901.00 2,102.00 555.00
2018-12-31 2,875.00 2,057.00 484.00
2018-09-30 2,836.00 2,139.00 545.00
2018-06-30 2,806.00 3,724.00 517.00
2018-03-31 2,795.00 3,625.00 649.00
2017-12-31 2,850.00 2,329.00 796.00
2017-09-30 2,716.00 3,816.00 820.00
2017-06-30 2,683.00 3,926.00 755.00
2017-03-31 1,462.00 1,267.00 271.00
2016-12-31 1,435.00 1,319.00 283.00
2016-09-30 1,455.00 1,441.00 411.00
2016-06-30 1,430.00 1,425.00 405.00
2016-03-31 1,762.00 1,300.00 338.00
2015-12-31 1,655.00 1,319.00 350.00
2015-09-30 1,588.00 1,359.00 378.00
2015-06-30 1,806.00 1,392.00 408.00
2015-03-31 1,760.00 1,339.00 408.00
2014-12-31 1,707.00 1,326.00 375.00
2014-09-30 1,709.00 1,485.00 465.00
2014-06-30 1,658.00 1,489.00 450.00
2014-03-31 1,669.00 1,491.00 428.00
2013-12-31 1,632.00 1,502.00 411.00
2013-09-30 1,600.00 1,535.00 442.00
2013-06-30 1,538.00 1,543.00 419.00
2013-03-31 1,596.00 1,486.00 442.00
2012-12-31 1,544.00 1,534.00 478.00
2012-09-30 1,554.00 1,802.00 612.00
2012-06-30 1,339.00 1,717.00 371.00
  • Wallenius Wilhelmsen's level of debt (72.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (89.3% vs 72.5% today).
  • Debt is not well covered by operating cash flow (14.9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.3x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Wallenius Wilhelmsen's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wallenius Wilhelmsen has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

WALWIL Dividends

 What is Wallenius Wilhelmsen's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.03%
Current annual income from Wallenius Wilhelmsen dividends. Estimated to be 5.88% next year.
If you bought NOK2,000 of Wallenius Wilhelmsen shares you are expected to receive NOK41 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Wallenius Wilhelmsen's pays a lower dividend yield than the bottom 25% of dividend payers in Norway (2.46%).
  • Wallenius Wilhelmsen's dividend is below the markets top 25% of dividend payers in Norway (6.5%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OB:WALWIL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 5 Analyst Estimates (S&P Global) See Below
Norway Shipping Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 3.7%
Norway Market Average Dividend Yield Market Cap Weighted Average of 110 Stocks 4.4%
Norway Minimum Threshold Dividend Yield 10th Percentile 1.9%
Norway Bottom 25% Dividend Yield 25th Percentile 2.5%
Norway Top 25% Dividend Yield 75th Percentile 6.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OB:WALWIL Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.20 5.00
2020-12-31 0.18 5.00
2019-12-31 0.15 5.00
OB:WALWIL Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-04 0.060 1.855
2016-11-11 0.000 0.000
2016-08-05 0.000 0.000
2016-05-12 0.000 0.000
2016-04-15 0.000 0.000
2016-03-17 0.000 0.000
2016-02-10 0.000 0.000
2015-11-11 0.000 0.000
2015-08-06 0.000 0.000
2015-03-27 0.121 2.065
2015-02-13 0.120 2.253
2014-04-01 0.256 4.039
2014-02-13 0.327 3.491
2013-11-06 0.755 8.447
2013-04-25 0.320 3.936
2013-03-22 0.296 3.540
2013-02-14 0.299 3.410
2012-11-09 0.344 4.167
2012-08-08 0.336 4.720
2012-03-30 0.326 4.923
2012-02-15 0.343 5.201
2011-11-08 0.214 4.198
2011-08-09 0.219 4.582
2011-04-28 0.178 3.001

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wallenius Wilhelmsen has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Wallenius Wilhelmsen has only been paying a dividend for 8 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Wallenius Wilhelmsen's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.2x coverage).
X
Income/ dividend checks
We assess Wallenius Wilhelmsen's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wallenius Wilhelmsen afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wallenius Wilhelmsen has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

WALWIL Management

 What is the CEO of Wallenius Wilhelmsen's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Craig Jasienski
COMPENSATION $723,605
TENURE AS CEO 2.2 years
CEO Bio

Mr. Craig Jasienski has been the Chief Executive Officer at Wallenius Wilhelmsen Logistics ASA (Alternate Name Wilh. Wilhelmsen ASA) since April 4, 2017 and serves as its President. Mr. Jasienski served as Chief Executive Officer and President at Eukor Car Carriers, Inc. since January 2013. He served as Chief Executive Officer of United European Car Carriers since 2007. He started his career in Wilhelmsen Lines in his home country Australia and has since held various management positions in Wilhelmsen Lines and Wallenius Wilhelmsen Logistics until he started in UECC in 2005 as director commercial management.

CEO Compensation
  • Insufficient data for Craig to compare compensation growth.
  • Craig's remuneration is about average for companies of similar size in Norway.
Management Team Tenure

Average tenure and age of the Wallenius Wilhelmsen management team in years:

1.9
Average Tenure
48
Average Age
  • The average tenure for the Wallenius Wilhelmsen management team is less than 2 years, this suggests a new team.
Management Team

Craig Jasienski

TITLE
CEO & President
COMPENSATION
$724K
TENURE
2.2 yrs

Tom Wilhelmsen

TITLE
Deputy CEO & Director
AGE
44

Rebekka Herlofsen

TITLE
Chief Financial Officer
COMPENSATION
$460K
AGE
48
TENURE
2.2 yrs

Erik Noeklebye

TITLE
Chief Executive Officer of EUKOR Car Carriers
COMPENSATION
$465K

Astrid Martinsen

TITLE
Vice President of Corporate Finance & IR

Simon White

TITLE
Chief Information Officer & Senior VP of Commercial WW Ocean
TENURE
0.3 yrs

Bjørnar Bukholm

TITLE
VP, Head of Corporate Finance and Strategy & IRO

Marianne Schreuder

TITLE
Senior Legal Counsel

Jan Dahm-Simonsen

TITLE
Chief Human Resources Officer
AGE
49
TENURE
1.7 yrs

Benedicte Gude

TITLE
Group Senior Vice President of HR & Communications
Board of Directors Tenure

Average tenure and age of the Wallenius Wilhelmsen board of directors in years:

2.2
Average Tenure
56
Average Age
  • The average tenure for the Wallenius Wilhelmsen board of directors is less than 3 years, this suggests a new board.
Board of Directors

Håkan Larsson

TITLE
Chairman of the board
AGE
71
TENURE
2.2 yrs

Tom Wilhelmsen

TITLE
Deputy CEO & Director
AGE
44
TENURE
9.4 yrs

Marianne Lie

TITLE
Director
AGE
56
TENURE
9.4 yrs

Jonas Kleberg

TITLE
Director
TENURE
2.2 yrs

Margareta Alestig

TITLE
Director
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Wallenius Wilhelmsen individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NOK) Value (NOK)
04. Jun 19 Buy Craig Jasienski Individual 04. Jun 19 04. Jun 19 24,000 NOK25.18 NOK604,320
04. Jun 19 Buy Rebekka Herlofsen Individual 04. Jun 19 04. Jun 19 15,000 NOK25.14 NOK377,100
04. Jun 19 Buy Håkan Larsson Individual 04. Jun 19 04. Jun 19 35,000 NOK24.95 NOK873,250
26. Nov 18 Buy Anniken Berg Individual 26. Nov 18 26. Nov 18 496 NOK30.20 NOK14,979
26. Nov 18 Buy Rebekka Herlofsen Individual 26. Nov 18 26. Nov 18 496 NOK30.20 NOK14,979
26. Nov 18 Buy Bjørnar Bukholm Individual 26. Nov 18 26. Nov 18 496 NOK30.20 NOK14,979
26. Nov 18 Buy Jan Dahm-Simonsen Individual 26. Nov 18 26. Nov 18 496 NOK30.20 NOK14,979
26. Nov 18 Buy Craig Jasienski Individual 26. Nov 18 26. Nov 18 496 NOK30.20 NOK14,979
26. Nov 18 Buy Kristin Bitnes Individual 26. Nov 18 26. Nov 18 496 NOK30.20 NOK14,979
X
Management checks
We assess Wallenius Wilhelmsen's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wallenius Wilhelmsen has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

WALWIL News

Simply Wall St News

Wallenius Wilhelmsen ASA's (OB:WALWIL) Earnings Grew 31%, Did It Beat Long-Term Trend?

Let's take a look at if it is only owing to industry tailwinds, or if Wallenius Wilhelmsen has experienced some company-specific growth. … Furthermore, its return on assets (ROA) of 3.0% is below the NO Shipping industry of 5.5%, indicating Wallenius Wilhelmsen's are utilized less efficiently. … I recommend you continue to research Wallenius Wilhelmsen to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for WALWIL’s future growth?

Simply Wall St -

What Is Wallenius Wilhelmsen ASA's (OB:WALWIL) Share Price Doing?

I find that Wallenius Wilhelmsen’s ratio of 13.42x is trading slightly above its industry peers’ ratio of 10.24x, which means if you buy Wallenius Wilhelmsen today, you’d be paying a relatively fair price for it. … And if you believe Wallenius Wilhelmsen should be trading in this range, then there isn’t really any room for the share price grow beyond what it’s currently trading. … This is because Wallenius Wilhelmsen’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market.

Simply Wall St -

Only 3 Days Left To Cash In On Wallenius Wilhelmsen ASA (OB:WALWIL) Dividend

Important news for shareholders and potential investors in Wallenius Wilhelmsen ASA (OB:WALWIL): The dividend payment of US$0.06 per share will be distributed to shareholders on 09 May 2019, and the stock will begin trading ex-dividend at an earlier date, 26 April 2019. … Has its dividend been stable over the past (i.e. no missed payments or significant payout cuts)? … Is its earnings sufficient to payout dividend at the current rate

Simply Wall St -

Does The Wallenius Wilhelmsen ASA (OB:WALWIL) Share Price Tend To Follow The Market?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider. … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

How Does Wallenius Wilhelmsen ASA (OB:WALWIL) Fare As A Dividend Stock?

Historically, Wallenius Wilhelmsen ASA (OB:WALWIL) has paid dividends to shareholders, and these days it yields 1.7%. … Does Wallenius Wilhelmsen tick all the boxes of a great dividend stock? … See our latest analysis for Wallenius Wilhelmsen

Simply Wall St -

Did You Manage To Avoid Wallenius Wilhelmsen's Painful 52% Share Price Drop?

Unfortunately, shareholders of Wallenius Wilhelmsen ASA (OB:WALWIL) have suffered share price declines over the last year. … The share price has slid 52% in that time. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.

Simply Wall St -

What Is Wallenius Wilhelmsen ASA's (OB:WALWIL) Share Price Doing?

received a lot of attention from a substantial price movement on the OB over the last few months, increasing to NOK33.05 at one point, and dropping to the lows of NOK28. … A question to answer is whether Wallenius Wilhelmsen's current trading price of NOK29 reflective of the actual value of the? … Let’s take a look at Wallenius Wilhelmsen’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Is Wallenius Wilhelmsen ASA (OB:WALWIL) Investing Your Capital Efficiently?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

A Look At Wallenius Wilhelmsen ASA's (OB:WALWIL) Exceptional Fundamentals

Today I've chosen to put the spotlight on Wallenius Wilhelmsen ASA (OB:WALWIL) due to its excellent fundamentals in more than one area. … a excellent … Below, I've touched on some key aspects you should know on a high level.

Simply Wall St -

What Kind Of Share Price Volatility Should You Expect For Wallenius Wilhelmsen ASA (OB:WALWIL)?

Volatility is considered to be a measure of risk in modern finance theory. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

WALWIL Company Info

Description

Wallenius Wilhelmsen ASA, together with its subsidiaries, provides roll-on roll-off (ro-ro) shipping and vehicle logistics services worldwide. It operates through Ocean and Land Based segments. The company offers ocean transport services to cars, ro-ro cargo, and project cargo for car manufacturers, and manufacturers of agriculture and other high and heavy equipment. It also provides vehicle logistics services, including plant and port based technical services, marine terminal services, and inland distribution service. As of December 31, 2018, the company operated through a fleet of 123 vessels. Wallenius Wilhelmsen ASA was founded in 1861 and is headquartered in Lysaker, Norway.

Details
Name: Wallenius Wilhelmsen ASA
WALWIL
Exchange: OB
Founded: 1861
NOK10,608,655,138
422,319,074
Website: http://www.walleniuswilhelmsen.com
Address: Wallenius Wilhelmsen ASA
Strandveien 20,
Lysaker,
Akershus, 1366,
Norway
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OB WALWIL Ordinary Shares Oslo Bors NO NOK 24. Jun 2010
DB WNL Ordinary Shares Deutsche Boerse AG DE EUR 24. Jun 2010
LSE 0N0B Ordinary Shares London Stock Exchange GB NOK 24. Jun 2010
Number of employees
Current staff
Staff numbers
9,500
Wallenius Wilhelmsen employees.
Industry
Marine
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 21:24
End of day share price update: 2019/06/25 00:00
Last estimates confirmation: 2019/05/27
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.